$2,400,000 USD
760-642-9942
1950 Dundee Rd
Winter Haven, FL 33884
Winter Haven/Lake Wales
HIGHLIGHTS
- Recent Tenant Commitment – The tenant has recently completed a backfill, demonstrating strong commitment.
- Significant Capital Investment – Over $250,000 in recent renovations.
- Long-Term Income Security – ±15-year lease provides stable, predictable cash flow.
- True Passive Ownership – Absolute NNN lease with zero landlord responsibilities.
- Income Tax-Free State of Florida.
- Rent Increases – 10% rent increases every five years serve as a strong hedge against inflation.
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$1,467 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GREASE MONKEY
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
BA
APN/PARCEL ID
26-28-27-593510-000170
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760-642-9942
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760-642-9942
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